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Average Mechanical Engineers Salary in Binghamton, NY

The average salary for Mechanical Engineerss in Binghamton, NY is $95,820. While this is lower than the national average, the cost of living in Binghamton, NY may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $95,820 per year.
  • Growth Trend: Salaries have shifted 11.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $129,540.
  • Outlook: The current demand for Mechanical Engineerss is stable, with a local workforce of approximately 140 professionals. This role remains a specialized component of the broader Binghamton, NY economy.
2024 Market Data

Salary Overview

$95,820

The average Mechanical Engineers in Binghamton, NY earns-12.6%below the national average.

BreakdownBased on 40h/week
Hourly

$46.1

Weekly

$1,843

Monthly

$7,985

Mechanical Engineers Salary Distribution in Binghamton, NY

The earning potential for Mechanical Engineerss in Binghamton, NY varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $59,280, while highly experienced professionals can command wages upwards of $129,540.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$59,280$28.5
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$71,865$34.6
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$89,610$43.1
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$119,775$57.6
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$129,540$62.3

Detailed Mechanical Engineers Market Analysis

Relocation Context

Nominal Salary

$95,820

Gross Pay

Real Wage (Purchasing Power)

$95,820

Adjusted for COL (100)

In Binghamton, NY, the Cost of Living Index is 100. This increases your effective purchasing power from $95,820 to $95,820.

Job Market Context

140

Total Jobs

1.462

Per 1K Jobs

0.79

Location Quotient

Below Average

Binghamton, NY has 0.79x the national average concentration of Mechanical Engineers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

140 people work as Mechanical Engineers in Binghamton, NY.

1.462 out of every 1,000 local jobs are Mechanical Engineers positions — a typical concentration.

Nearby Job Markets

Hiring Mechanical Engineerss?

Frequently Asked Questions

How much does a Mechanical Engineers make in Binghamton, NY?

The median annual salary for a Mechanical Engineers in Binghamton, NY is $95,820. This typically ranges from $59,280 for entry-level positions to $129,540 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Binghamton, NY is 12.6% lower than the national median of $109,640.

Is Binghamton, NY a good place for Mechanical Engineerss?

It depends on your priorities. While the average Mechanical Engineers salary in Binghamton, NY is $95,820 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Binghamton, NY. See distinct detailed breakdown below.

Is Binghamton, NY a good place to live for Mechanical Engineers?

The Cost of Living Index in Binghamton, NY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Binghamton, NY?

Some top paying nearby cities include Ithaca, NY ($104,930) and Elmira, NY.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 140 employees in the Binghamton, NY area with a job density of 1.462 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.